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Sports Agents

Earnings

Sports agents can earn phenomenal amounts of money by representing a single star athlete like LeBron James, Venus Williams, or Tiger Woods. Athletes of this stature earn $50 million a year or more in salary and endorsements. A 5 percent commission on such earnings would net the agent approximately $2.5 million a year. Agent commissions, or percentages, at top management firms run anywhere from 5 to 10 percent of the player's earnings, and up to 25 percent for endorsements the agency negotiates on behalf of the athlete.

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